India's forex reserves have surged to a record $729.3 billion after non-resident Indians (NRIs) poured $100 billion into the RBI's FCNR(B) scheme, far exceeding expectations and prompting the central bank to close the window a month early.Reports indicate that this inflow has given the RBI fresh firepower to stabilise
India's forex reserves have surged to a record $729.3 billion after non-resident Indians (NRIs) poured $100 billion into the RBI's FCNR(B) scheme, far exceeding expectations and prompting the central bank...
The page is ready to read now. The fuller skim-friendly version will appear here automatically.
India's forex reserves have surged to a record $729.3 billion after non-resident Indians (NRIs) poured $100 billion into the RBI's FCNR(B) scheme, far exceeding expectations and prompting the central bank to close the window a month early.Reports indicate that this inflow has given the RBI fresh firepower to stabilise
Open the app view to save this story, compare related coverage, and continue from the same source.